Authorize credit charges against customers' accounts. Investigate history and credit standing of individuals or business establishments applying for credit. May interview applicants to obtain personal and financial data, determine credit worthiness, process applications, and notify customers of acceptance or rejection of credit.
SOC: 43-4041.00
Common Job Titles
Commercial Credit Reviewer
Credit Investigator
Credit Processor
Credit Representative
What You'll Need to Succeed
AI-generated
Key competencies for this occupation at a glance
KnowledgeEvaluate credit applications and financial history data using credit reporting software (Equifax, Experian) to determine creditworthiness and approval status.
Proficient
KnowledgeInterpret credit scores, debt-to-income ratios, and financial statements to explain creditworthiness determinations to customers and internal stakeholders.
Proficient
KnowledgeOperate database systems and office technology tools including Microsoft Office Suite, SAP, and SQL for documentation and data processing.
Proficient
MindsetReconcile customer expectations with credit policy constraints when negotiating credit terms or communicating application denials.
Proficient
KnowledgeOrganize multiple credit applications and investigation workflows under time constraints while prioritizing urgent requests and maintaining accuracy.
Proficient
KnowledgeAnalyze customer financial records and account information to identify credit risks and compliance with lending standards.
Developing
MindsetEngage with applicants during credit interviews to gather personal and financial data while maintaining professionalism and customer service standards.
Developing
KnowledgeApply regulatory and organizational credit policies when processing credit authorization requests and ensuring compliance with legal requirements.
Developing
KnowledgeCompare applicant financial data against established credit thresholds to make informed decisions on credit authorization within delegated authority.
Developing
MindsetRespect customer confidentiality and privacy standards when handling sensitive personal and financial information throughout the credit review process.
Developing
Wage Data According to the Bureau of Labor Statistics
Annual wage data for Credit Authorizers, Checkers, and Clerks (2024)
Estimated Total Employment (U.S.)
11,960
Wage Distribution by Percentile
Line chart of annual wages by percentile. U.S. is the solid line. 10th percentile: U.S. $34,590. 25th percentile: U.S. $40,850. 50th percentile: U.S. $49,130. 75th percentile: U.S. $59,530. 90th percentile: U.S. $71,730. Use the left and right arrow keys to move between percentiles.
U.S.
Metric
U.S.
10% of workers earn the following or less
$34,590
10% of workers earn the following or more
$71,730
Workers on average earn
$51,270
+ indicates wage is at or above the BLS reporting cap ($239,200/year)
Skills & Requirements
Key competencies for this occupation, ranked by importance
Customer and Personal Service4.1/5
English Language3.7/5
Mathematics3.6/5
Law and Government3.4/5
Administrative3.3/5
Skills & Requirements: Knowledge
Tools & Technology
Equipment and software commonly used in this occupation
